Comment on NRI trading on Indian Stock Exchanges

Hi Nithin,
I have opened an NRE/NRO account with YES Bank few months back.I sent the documents to Zerodha,Bangalore,but unable to open account with Zerodha as I could not get PIS letter from Zerodha. I got reply from YES bank that “PIS account services are not available for USA/Canada territory”.

I believe Zerodha is tied up with YES Bank for NRIs to invest in Indian equities..Am i missing something here?

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